Gerald Baker Financial Group LLC Invests $666,000 in Schwab US Dividend Equity ETF $SCHD

Gerald Baker Financial Group LLC acquired a new position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,712 shares of the company’s stock, valued at approximately $666,000.

Several other hedge funds have also recently added to or reduced their stakes in SCHD. Mountain Hill Investment Partners Corp. increased its position in Schwab US Dividend Equity ETF by 1,241.8% in the 4th quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock worth $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc bought a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter valued at approximately $25,000. Field & Main Bank acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Dynamic Wealth Strategies LLC acquired a new stake in shares of Schwab US Dividend Equity ETF in the fourth quarter worth $29,000. Finally, Triumph Capital Management bought a new position in Schwab US Dividend Equity ETF during the third quarter worth $33,000.

Schwab US Dividend Equity ETF Price Performance

NYSEARCA:SCHD opened at $33.04 on Friday. Schwab US Dividend Equity ETF has a one year low of $26.21 and a one year high of $33.04. The company has a fifty day moving average price of $32.23 and a 200 day moving average price of $31.05. The stock has a market cap of $100.55 billion, a P/E ratio of 14.57 and a beta of 0.68.

More Schwab US Dividend Equity ETF News

Here are the key news stories impacting Schwab US Dividend Equity ETF this week:

• Positive Sentiment: Analysts say SCHD has held up well versus the S&P 500, helped by its emphasis on profitable, dividend-paying companies and a relatively defensive sector mix. SCHD: Your ETF To Hide From The AI Bottleneck Bust
• Positive Sentiment: Coverage continues to frame SCHD as a reliable “defensive income” ETF, with comments pointing to its dividend yield, payout growth, and capital appreciation potential as reasons for investor demand. SCHD: Dividend Yield, Payout Growth, And Capital Appreciation: Defensive Income Play
• Positive Sentiment: Recent pieces also note that SCHD has posted a strong comeback and has even outperformed QQQ on a total-return basis in some periods, which can support inflows from performance-seeking investors. SCHD Is Getting Loaded With AI Stocks Now. Is It Still a “Safe” Dividend ETF?
• Neutral Sentiment: Some articles question whether SCHD is still the best fit for retirees, noting that other dividend ETFs may offer higher yields or stronger recent total returns. Why Retirees Are Quietly Moving From SCHD to These Two International Dividend ETFs Paying More Yield
• Neutral Sentiment: Other coverage compares SCHD with JEPI and VYM or notes that competing income ETFs have outperformed since 2022, but these are mostly relative-performance comparisons rather than signs of fundamental weakness. SCHD, JEPI, or VYM? Which ETF Fits 3 Different Types of Retirees

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.